Citic (OTCMKTS:CTPCY) Reaches New 12-Month High – Should You Buy?

Citic Ltd. (OTCMKTS:CTPCYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $8.10 and last traded at $8.10, with a volume of 1001 shares traded. The stock had previously closed at $7.17.

Citic Trading Up 13.0%

The company has a fifty day moving average of $7.39 and a 200 day moving average of $6.98.

Citic Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, December 1st. Investors of record on Wednesday, September 24th will be issued a dividend of $0.1201 per share. This represents a dividend yield of 452.0%. The ex-dividend date is Tuesday, September 23rd.

Citic Company Profile

(Get Free Report)

CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, investment research, securities brokerage, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.

Further Reading

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